US stocks slide as Nasdaq-100 drops 5% on AI regulation fears after Democratic wins

derstandard.at (German) —

US stocks fell sharply Thursday, with the Nasdaq-100 losing about five percent, driven by investor fears of increased AI regulation following Democratic victories in the midterm elections. The selloff hit technology and chip stocks hardest, which had previously been major beneficiaries of the AI boom. Investors worry the Democratic win will lead to stricter oversight in the sector. The decline comes two days after the pivotal election results, reflecting market anxiety over potential policy changes that could impact future growth and profitability for tech companies.


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